Tag Archives: bad-request

These 2 IBD 50 Tech Stocks Cleared Buy Points Thu.

The IBD 50 is a list of leading stocks based on key measures such as earnings and sales growth, profit margins, return on equity and relative price performance over the past 12 months. Two IBD 50 tech stocks cleared buy points in the stock market today: Macom Technology (MTSI) and Epam Systems (EPAM). Macom shares climbed in slightly above average volume to hit a new high of 40.20. Macom cleared a 39.62 flat base buy point intraday, but fell back

Avago-Broadcom Merger Would Create No. 3 Chipmaker

Avago Technologies’ (AVGO) $37 billion takeover of Broadcom (BRCM) would create the world’s No. 3 chipmaker by revenue and may trigger a rush of similar-sized deals in the industry. The takeover could also send earnings even higher for the Singapore-based maker of radio-frequency chips. On Thursday, Avago said fiscal Q2 earnings per share leapt 151% to $2.13, as revenue soared 135% to $1.645 billion. Analysts had modeled EPS of $2.01 and $1.635

Apple Watch sales outlook reduced again

Another Wall Street analyst has cut his forecast for Apple (AAPL) Watch sales. But this time, it’s because of supply constraints, not slack demand. CLSA analyst Avi Silver on Thursday trimmed his Apple Watch sales forecast for 2015 to 16 million units from 20.5 million “as the supply situation has not improved.” However, he noted that “we do not yet have a good demand picture.” Silver maintained his 2016 forecast at 35 million units, “as we still expect the category to be highly successful over time.” In a research report, Silver reiterated his buy rating on Apple stock with a 12-month price target of 163. Apple stock was down a fraction, near 132, in late-afternoon trading on the stock market today. Last week, KGI Securities cut its shipment prediction for the Apple Watch this quarter by 20% to 30%, citing slow demand. It now expects 5 million to 6 million…